But imputed income is not entirely exempt from federal income taxes. Employees may require an imputed income payroll adjustment. Employees can opt for federal income tax withholding on their imputed income or pay the requisite dues when they file their federal income tax return.
Literally, the thirteen stripes on the flag represent the thirteen original colonies. The fifty stars represent the fifty current states. Figuratively, the flag stands for freedom and democracy. It represents the unity of America, our common cause, and the hope for a better tomorrow.
Quick Answer. The 13 stripes on the American flag represent the original 13 colonies, and the 50 stars represent the number of states in the Union. Originally, both were meant to represent American states, but since 1818, the number of stripes has been standardized at 13. Continue Reading.